Fineco vs FP Markets (2026): regulation, platforms and costs compared

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Data refreshed 25 Aug 2026 · Compiled by David Ispiryan

Fineco

Trust rank #14 · Founded 1999

Fineco forex broker offers a multi-asset trading platform with broad currency pair access, built-in research, charting, and risk management tools. It delivers a streamlined web and mobile experience for order placement and…

Read the Fineco review

FP Markets

Trust rank #23 · Editorial rating 9 / 10 · Founded 2005

FP Markets is a well-regarded forex broker providing access to currencies and CFDs on popular platforms, supported by research tools and education. It offers broad market coverage, platform choice, and multilingual customer…

Read the FP Markets review

Fineco (Italy, founded 1999) holds 2 regulatory licences (CONSOB, FCA), 2 of them tier-1, offers Proprietary and sits in our low-fee bracket. FP Markets (Australia, founded 2005) holds 4 regulatory licences (ASIC, CMA, CySEC, FSCA), 1 of them tier-1, offers cTrader, MT4, MT5 and sits in our low-fee bracket. The two overlap in 2 countries; Fineco is available in 0 countries where FP Markets is not, and FP Markets in 223 where Fineco is not.

Verdict at a glance

  • Fineco leads on trust rank, track record and tier-1 licences.
  • FP Markets leads on regulatory coverage, platform choice, instrument range and country coverage.
  • Level on fee level.

Scored on 8 measurable dimensions where both brokers have verified data. Dimensions missing for either side are excluded rather than guessed. This is a data summary, not a recommendation.

Fineco vs FP Markets: side-by-side data

CriteriaFinecoFP Markets
Editorial ratingNot verified9 / 10
Trust rank#14#23
Founded19992005
HeadquartersItalyAustralia
RegulatorsCONSOB, FCAASIC, CMA, CySEC, FSCA
Broker typeMarket MakerDMA, ECN, STP
PlatformsProprietarycTrader, MT4, MT5
InstrumentsForexCommodities, Cryptocurrencies, Forex, Indices, Metals
Countries accepted2 countries225 countries
Fee levelLowLow
Trading typesCFD TradingCFD Trading, Spot Trading
Best-for use casesRetail TradingCopy Trading, Professional Trading, Retail Trading

Highlighted cells mark the stronger value where a direction is objectively better (e.g. more licences, lower fees). "Not verified" means the field is not yet in our catalogue for that broker — we never fill gaps with estimates.

Pros

Fineco

  • EU-regulated bank broker; segregated client funds
  • Negative balance protection (ESMA)
  • Proprietary PowerDesk platform with advanced charting and order types
  • Multicurrency account with instant FX conversion
  • Competitive variable spreads on major FX pairs

FP Markets

  • ASIC & CySEC regulated
  • Raw ECN spreads from 0.0 pips
  • Fast execution and deep liquidity
  • MT4/MT5 platforms with EAs, hedging & scalping
  • Low commissions on RAW account

Cons

Fineco

  • No MetaTrader (MT4/MT5) or cTrader support
  • Retail leverage capped at 1:30 (ESMA/UK)
  • Smaller FX pair selection vs top brokers
  • No social/copy trading features
  • No open API for automated trading

FP Markets

  • No negative balance protection across all entities
  • No investor compensation scheme (ASIC clients)
  • IRESS platform and market data fees
  • Withdrawal fees on international bank wires/selected methods
  • Not available to US residents

Key features

Fineco

  • EU Bank Regulated by Bank of Italy and CONSOB
  • Forex CFDs with ESMA Leverage up to 30 to 1
  • Proprietary Platforms PowerDesk Web and Mobile
  • Advanced Charting and Order Types including Trailing Stops
  • Multicurrency Accounts and Real Time FX Conversion
  • Negative Balance Protection for Retail Clients

FP Markets

  • Multi asset Forex and CFD trading on MT4 MT5 cTrader and Iress
  • ECN raw spreads deep liquidity and low latency execution
  • ASIC and CySEC regulated with segregated client funds
  • Advanced trading tools Autochartist VPS and copy trading
  • MAM PAMM accounts for portfolio management
  • Direct market access share CFDs via Iress

Country availability: Fineco vs FP Markets

Available at both (2): Italy, United Kingdom.

Only FP Markets (223): Albania, Algeria, American Samoa, Andorra, Angola, Anguilla, Antigua and Barbuda, Argentina, Armenia, Aruba, Australia, Austria, Azerbaijan, Bahamas, Bahrain, Bangladesh, Barbados, Belgium, Belize, Benin, Bermuda, Bhutan, Bolivia, Bonaire, Bosnia and Herzegovina and 198 more.

Availability reflects the countries each broker declares it serves. Local rules change; confirm on the broker's own site before signing up.

Fineco vs FP Markets: common questions

Which broker is more regulated, Fineco or FP Markets?

FP Markets holds more regulatory licences: Fineco (CONSOB, FCA) versus FP Markets (ASIC, CMA, CySEC, FSCA). Tier-1 licences: Fineco 2, FP Markets 1.

Which trading platforms do Fineco and FP Markets offer?

Fineco offers Proprietary; FP Markets offers cTrader, MT4, MT5.

Which has lower fees, Fineco or FP Markets?

Both sit in the same fee bracket (low) in our catalogue; compare the spreads and commission rows above for detail.

Which is older, Fineco or FP Markets?

Fineco is the older of the two, founded in 1999; FP Markets was founded in 2005.

Are Fineco and FP Markets available in the same countries?

They overlap in 2 countries. Fineco is additionally available in 0 countries () and FP Markets in 223 countries (Albania, Algeria, American Samoa, Andorra, Angola, Anguilla and 217 more).

Keep comparing

Fineco

FP Markets

Risk warning: CFDs and forex are complex, leveraged instruments and carry a high risk of losing money rapidly. A majority of retail investor accounts lose money when trading CFDs. Nothing on this page is financial advice; verify licence status on the regulator's register before depositing. Full risk disclosure.